Articles tagged “choice”

Hotels

Choice Abandons Hostile Merger Bid for Wyndham Hotels

It's dead. Choice Hotels International’s hostile buyout offer of rival Wyndham Hotels & Resorts fizzled out because of an effective resistance by Wyndham's board and a lack of interest by Wyndham's shareholders.

Sean O'Neill | 1 month ago

Choice Abandons Hostile Merger Bid for Wyndham Hotels

Hotels

Marriott, Hilton, Hyatt: What This Top Analyst Sees For 2024

Analyst David Katz of Jefferies forecasts the 2024 prospects for U.S.-based hotel leaders Marriott, Hilton, Hyatt, Wyndham, and Choice.

Sean O'Neill | 4 months ago

Marriott, Hilton, Hyatt: What This Top Analyst Sees For 2024

Hotels

Choice Hotels Has Talked to Investors With 40% of Wyndham Shares

Wyndham didn't say it had returned to the deal talks with Choice Hotels last week, but Choice says it did. Choice is also wooing many of Wyndham's key investors. The saga is getting more intense.

Sean O'Neill | 4 months ago

Choice Hotels Has Talked to Investors With 40% of Wyndham Shares

Hotels

Some Hotel Owners Balk at Proposed Choice-Wyndham Merger

Some franchisees are worried their revenue would fall after a Choice merger with Wyndham. But Choice Hotels says it has heard from franchisees who expect to see gains to their bottom line from the proposed deal. The debate rolls on.

Sean O'Neill | 4 months ago

Some Hotel Owners Balk at Proposed Choice-Wyndham Merger

Hotels

Choice Pushes Ahead in Wyndham Takeover Bid

Today's podcast looks at travel brands leaving Twitter, Choice’s latest Wyndham move, and questions about tourism in the Middle East.

Rashaad Jorden | 5 months ago

Choice Pushes Ahead in Wyndham Takeover Bid

News Blog

Amazon Debuts Cyber Week Travel Deals

Amazon launched what one executive said was its "first-ever" Cyber Week Travel Deals. Amazon's travel deals hub offered sales from the likes of American Airlines, Disney, Universal, Budget, Choice, Avis, IHG and Carnival, for example. American Airlines, for instance, was offering a Black Friday deal of $89 for a one-way Philadelphia to Charlotte flight on…

Dennis Schaal | 5 months ago

Hotels

Wyndham Says ‘No’ to Choice, Again

Today's podcast discusses pilot mental health, Wyndham's Choice rejection, and Trip.com’s strong earnings.

Rashaad Jorden | 5 months ago

Wyndham Says ‘No’ to Choice, Again

Hotels

Wyndham Says Choice’s Latest Offer Is a ‘Step Backwards’

Wyndham is playing very hard to get. And unless lovestruck Choice is equipped to sweeten its offer, it may view this target forever as the one who got away.

Dennis Schaal | 5 months ago

Wyndham Says Choice’s Latest Offer Is a ‘Step Backwards’

Hotels

Choice Hotels Defends Pipeline as It Pushes Wyndham Bid

Choice Hotels is seeing weakness in its hotel development pipeline. That may not improve much if it remains distracted by pursuing a merger with Wyndham.

Sean O'Neill | 5 months ago

Choice Hotels Defends Pipeline as It Pushes Wyndham Bid

Hotels

Choice-Wyndham: Debt? Private Equity? Other Bidders? What Comes Next

If an alternative asset investor like Blackstone gets interested, things could get even more interesting. Same if European hotel giant IHG made a bid of its own.

Sean O'Neill | 6 months ago

Choice-Wyndham: Debt? Private Equity? Other Bidders? What Comes Next